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Payne Pallet Inverters Limited

02899910

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

PAYNES BUSINESS PARK, KINGS LYNN, PE32 2NQ
Incorporated 18/02/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mr David Alan Payne

director · Since 28/03/1994

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Miss Charlotte Claire Payne

director · Since 01/02/2022

MARKETING

BRITISH · ENGLAND · Age 24

Also on 2 other boards

Miss Bonita Ruby Payne

director · Since 01/09/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 19

Also on 1 other board

Persons with Significant Control

D. Payne Holdings Ltd

75–100% shares
75–100% votes

Payn'E Business Park, Dereham Road, King's Lynn, PE32 2NQ

Reg: 11369887 · England & Wales · Limited

Notified 22/06/2018

Former PSCs

Mr David Alan Payne

Ceased 22/06/2018

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 17/07/2013Registered 24/07/2013Satisfied 06/01/2014

CompanyRankvs 55+ SIC 28220 peers
83

Financial strength85th percentile among SIC peers · 21/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.14× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£595k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.4M

Current Liabilities

£233k

Fixed Assets

£583k

Debtors

£514k

17avg. employees

Balance Sheet

Assets less current liabilities£1.8M
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2025

EstimatesDerived

YearCurrent Ratio
20256.14

Derived from filed accounts. Not audited figures.